The Ray Shops are located in Pineapple Grove, the vibrant restaurant and retail street immediately north of Atlantic Avenue. The Ray Shops are immediately adjacent to The Ray Hotel with ample parking and walking distance to Atlantic Avenue. Perfect for a small boutique, art gallery and many other retailers, this property offers a great opportunity to locate your retail business in the dynamic and bustling downtown Delray Beach market. Small retail spaces are extremely rare in the downtown Delray Beach market.
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This Class B office building contains 2 stories and approximately 13,000 square feet of office space. There are currently two 1,500 SF office spaces available for lease on the ground floor & 2nd floor. These office spaces are perfect for any group of professionals or for a corporate office. Located only 6 blocks south of downtown Atlantic Avenue, this location offers numerous food, drink and shopping locations within minutes of this property. Locally owned and managed since 1983.
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This 3.9-acre parcel offers an exceptional opportunity for retail and office development in a high-demand commercial corridor. Positioned as an outparcel to a 200,000 sq. ft. Publix-anchored shopping center, the site benefits from strong built-in traffic, excellent visibility, and convenient access. Its C4 retail zoning allows for a variety of commercial uses, making it ideal for retailers, restaurants, medical offices, or professional services
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A commercial real estate business based in Delray Beach & Tampa, FL that specializes in the brokerage, development of commercial properties, including land acquisition and site development.
During the last twenty six years, we have been directly involved with over $3 Billion in commercial real estate sales and leasing transactions. Additional services include national retail tenant representation throughout the State of Florida.

Retail industry trends for 2026 include continued AI adoption for product research and customer service, value-seeking consumers driving traffic to discount retailers, and shopping malls experiencing a rebound with renewed investment in mixed-use projects. Mall foot traffic increased in 2025, with indoor malls seeing a 1.8% rise in visits and visit durations up 3.3% compared to the first half of 2024, as traditional retail shopping centers transform into destinations for entertainment and experiences. Industry executives remain optimistic, with 96% expecting revenue growth and 81% anticipating margin expansion in 2026, despite challenges including weakened consumer buying power, high interest rates, and competition from mass merchants and value retailers. Specialty retailers face particular vulnerability in 2026 as high interest rates, shifts toward online shopping, and aggressive competition from mass merchants are predicted to push overleveraged companies into bankruptcy.
U.S. retail sales are projected to grow 3.5% year-over-year in 2026 to reach $5.3 trillion, slightly down from estimated 4.0% growth in 2025, according to Bain & Company's 2026 Global Retail Sales Outlook. Volume growth will remain modest with inflation projected between 2.6% and 3.0%, as mounting consumer strain and declining confidence affect spending amid economic uncertainty, rising unemployment, and slowing labor supply growth. Bain's Consumer Health Index found that sentiment among higher-income U.S. households, who account for more than half of retail spending, declined in January 2026. The report notes that shoppers increasingly gravitating toward lower-priced and private label goods could create a "flight to value" that tempers nominal sales growth, though reduced taxes, declining fuel prices, and potential interest rate cuts could bolster consumer sentiment and spending power.
Inflation is forecast to rise to 2.7% in 2026 as businesses pass more tariff costs to consumers, up from approximately 2.6% in 2025, with consumption growth expected to ease to 1.9% as households work to rebuild savings rates. The Trump tariffs represent the largest U.S. tax increase as a percentage of GDP since 1993, amounting to an average household tax increase of $1,500 in 2026, with the weighted average applied tariff rate on all imports rising to 15.8%. Goldman Sachs economists estimate that as of August, U.S. businesses were absorbing 51% of tariff costs while American consumers shouldered 37% of the burden, though consumers are projected to absorb 55% by the end of 2025. Manufacturers have expressed that tariffs are hurting consumer demand, pushing up prices, and complicating business planning, with some firms shifting focus from efficiency-improving capital investments to mitigating tariff costs.
Office Leasing ExpertsAt Atlantic Commercial Group (ACG), our office leasing specialists bring decades of experience.. read more
Retail Leasing & Tenant Representation ExpertsRetail success starts with the right tenant mix and strong lease structures. .. read more
Commercial Real Estate Investment Services | Acquisition & Disposition SolutionsAt Atlantic Commercial Group (ACG), we specialize in identifying and securing both on-market and off-market commercial real estate opportunities that meet our clients' acquisition and disposition needs.... read more
Exceptional Tenant Representation | Office & Retail Leasing SolutionsFor over 26 years, Atlantic Commercial Group (ACG) has helped national, regional, and local retailers and office tenants successfully expand, relocate, and secure prime commercial spaces throughout South Florida... read more
Leading Land & Site Development Services | Commercial Real Estate AdvisorsAtlantic Commercial Group (ACG) has been at the forefront of land acquisition, site development, and commercial real estate growth for nearly 26 yearsl... read more
Joint VenturesAtlantic provides due diligence, market knowledge and economic analyses to advise and guide our clients on the acquisition... read more